May 3, 2016 Comments (0) Blog, Securities Fraud

Vanguard Natural Resources Distribution Cuts

(Last Updated On: June 1, 2016)

Have you suffered losses investing in Vanguard Natural Resources (VNR)? If so, The White Law Group may be able to recover your losses by filing a claim against the brokerage firm that sold you the investment.

According to Yahoo Finance, VNR’s distributable cash flows fell from $214.8 million in 2014 to $164.3 million in 2015. Significant drops in distributions per unit were also reported. Distributions were cut by 75% in the second quarter of 2015.

“According to Scott Smith, VNR’s CEO, “As we put together our 2016 capital plan, we spent a significant amount of time high-grading the capital program and have deferred numerous projects until commodity pricing improves to more historical levels.”

Yahoo Finance reported that VNR estimated it’s 2016 capital expenditures will be $63 million, 45% less than the amount spent in 2015.

Since 2014 depressed energy prices has turned many companies upside down forcing them to make cut backs and find ways to restructure debt. While prices continue to remain low many investors will likely continue to incur losses.

The White Law Group continues to monitor VNR (read more here) and is investigating whether some brokerage firms may have improperly recommended structured products like VNR investments to clients. Unfortunately, many investors were not made adequately aware of the risks associated with energy investments.

Before recommending an investment, your broker has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor. To the extent that some brokerage firm failed to perform adequate due diligence or maked unsuitable investment recommendations, the firm may be held liable for any resulting losses in a FINRA arbitration claim.

To determine whether you may be able to recover investment losses incurred in Vanguard Natural Resources or another energy investment, please contact The White Law Group at 1-888-637-5510 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.